Commercial banks are 'A' Class Financial Institutions in Nepal. Nepal Bank Limited is the first & oldest Commercial bank in Nepal established in 1937 AD with government and private investment.Commercial Bank mainly provide facilities to their customer like Deposits, Loans, Mobile Banking, Remittance.
Nepal Rastra Bank (NRB) is the central bank of Nepal and is responsible for the regulation and supervision of the commercial banks of nepal.As per prescribed by NRB commercial bank should have minimum capital of 8 billion.
List of Commercial Banks (Class A) Kumari Bank (After the merger with Nepal Credit and Commerce Bank) Rastriya Banijya Bank Agriculture Development Bank Nabil Bank (After the acquisition of Nepal Bangladesh Bank) Nepal Investment Mega Bank (After the merger with Mega Bank Nepal Limited) Standard Chartered Bank Nepal Himalayan Bank (After the merger with Civil Bank Limited) Nepal SBI Bank Everest Bank Prabhu Bank (After the acquisition of Century Bank Limited) Laxmi Sunrise Bank (After the merger with Sunrise Bank) Global IME Bank Limited (After the merger with Bank of Kathmandu) Citizens Bank International Limited Prime Commercial Bank NMB Bank Nepal NIC Asia Bank Siddhartha Bank Sanima Bank Machhapuchchhre Bank Nepal Bank Limited https://www.investopaper.com/news/list-of-a-class-commercial-banks-in-nepal/
Merger And Acquisition of commercial banks
BankYearFateBank of Asia and NIC Bank Limited2013Merged and operated as NIC Asia Bank LimitedCommerz & Trust Bank and Global IME Bank Limited2014Merged and operated as Global IME Bank LimitedKIST Bank Limited and Prabhu Bank Limited2014Merged and operated as Prabhu Bank LimitedGrand Bank Nepal and Prabhu Bank Limited2016Merged and operated as Prabhu Bank LimitedLumbini Bank Limited and Bank of Kathmandu2016Merged and operated as Bank of Kathmandu Lumbini (later renamed to Bank of Kathmandu)Janata Bank and Global IME Bank Limited2019Merged and operated as Global IME Bank LimitedNepal Bangladesh Bank and Nabil Bank Limited2022Acquired by Nabil Bank LimitedNepal Credit & Commerce Bank and Kumari Bank Limited2023Merged and operated as Kumari Bank LimitedBank of Kathmandu and Global IME Bank Limited2023Merged and operated as Global IME Bank LimitedCentury Commercial Bank and Prabhu Bank Limited2023Acquired by Prabhu Bank LimitedMega Bank Nepal Limited and Nepal Investment Bank Limited2023Merged and operated as Nepal Investment Mega BankCivil Bank and Himalayan Bank Limited2023Acquired by Himalayan Bank LimitedSunrise Bank Limited and Laxmi Bank Limited2023Merged and operated as Laxmi Sunrise Bank
References
External links Nepal Rastra Bank List of Banks and Financial Institutions in Nepal